-The Hindu The national framework to improve nutrition for children must be upgraded on priority The health, longevity and well-being of Indians has improved since Independence, and the high levels of economic growth over the past two-and-half-decades have made more funds available to spend on the social sector. Yet, the reality is that a third of the world’s stunted children under five — an estimated 46.6 million who have low height for...
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Under fire, NITI Aayog says was told to look at GDP back series data -Sunny Verma
-The Indian Express Many economists have questioned the NITI Aayog’s role in the release of the statistical exercise of CSO, which comes under the Ministry of Statistics and Programme Imple- mentation (MoSPI). New Delhi: Facing Criticism over the NITI Aayog’s presence at the release of the GDP back series data by the Central Statistics Office (CSO) last week, Aayog Vice-Chairman Rajiv Kumar said his department was asked to “have a look”...
More »GDP back series data: New numbers do not pass the basic smell test; mess of the past has just got worsened -Vivek Kaul
-Firstpost.com In January 2015, India moved to a new method of calculating the gross domestic product (GDP). The trouble was that up until day before yesterday, data from only 2011-2012 onwards was available as a part of this new GDP series. Hence, any comparison with the years before 2011-2012 was not possible. On Wednesday, nearly four years after moving to a new GDP series, the government released GDP data for the years...
More »Revised back-series GDP data poses a problem for SBI -- how did we really perform? -Mahua Venkatesh
-ThePrint.in SBI report says bank’s performance will have to be rewritten based on the new data and this can be contentious due to questions over credibility. New Delhi: The Narendra Modi government’s revised set of back-series GDP data, which slashed the average rate of growth during the UPA regime, pose “reconciliation problems regarding micro and macro data interpretation”, a State Bank of India (SBI) report said Thursday. A careful data interpretation will be...
More »Back and forth
-The Indian Express Quarrel over growth figures is nothing new. But it must not be allowed to spiral into a larger loss of economic data credibility The release of the new GDP back series data on Wednesday shows that the economy grew at an average of 6.7 per cent between 2005-06 to 2008-09 as well as between 2009-10 to 2013-14, the first four years of the UPA government’s two terms —...
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